“Sberbank in November gave the maximum in its history, the volume of retail loans

– Sberbank in November gave the maximum in its history, the volume of retail loans of about 240 billion rubles, said in a press release from the Bank.

In just 11 months, the Bank was given to private clients loans to 1.9 trillion rubles, which is 35% higher than the same period last year. Portfolio growth in November was 2% – to 4.84 trillion.

“In November the savings Bank has issued the maximum in the entire history of the monthly volume of retail loans of about 240 billion roubles, and showed good growth in loans to corporate customers amid improving loan quality. The Bank managed to increase the volume of attracted funds of clients – legal entities and individuals – and to ensure the net fee and Commission income by more than 15%”, – are reported words of the Deputy Chairman of Sberbank Alexander Morozov.

The volume of credits to physical persons in January-November of current year has grown on 11,6% – up to 4 trillion 839,3 billion rubles from the 4 trillion 336,95 billion rubles at the beginning of the year. Loans to legal entities for 11 months of 2017 increased by 6.8% to 12 trillion 105.1 billion rubles from 11 trillion 333,1 billion rubles on January 1, 2017. Loan portfolio increased during the month by 1.7% in nominal terms and by 1.3% in real terms.

In November corporate customers of the Bank issued more than 1 trillion rubles since the beginning of the year, more than 9.6 trillion roubles, which is 22% higher than the same period last year.

The Bank’s assets on December 1, 2017 reached 22 trillion 708,1 billion rubles, having increased since beginning of the year, 3.3% in November and 0.7%. Sberbank notes that the planned work with distressed debt allowed in November to reduce its volume by 14.4 billion rubles. The share of overdue debt in the loan portfolio for November 2017, fell by 0.1 percentage points (PP) to 2.5%.

Customer funds in November of the current year increased by 1.0% in nominal and 0.7% in real terms to 17 trillion 195 billion rubles. The funds of legal entities have grown in real terms by 1.4%, private clients – 0.3%. The volume of funds of natural persons for 11 months of 2017 increased by 1.1% to reach 11 trillion 578,7 billion rubles, legal entities – by 4.0 percent to 5 trillion 615,9 billion.